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Case Law Details

Case Name : Nimbus Projects Limited Vs DCIT (ITAT Delhi)
Related Assessment Year : 2015-16
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Nimbus Projects Limited Vs DCIT (ITAT Delhi)

Seized Third-Party Document with Matching Cheque Entries Is Not a “Dumb Document”: Cash Payments Upheld u/s 69C

The Delhi Bench of the ITAT, in Nimbus Projects Ltd. v. DCIT (AYs 2015-16, 2016-17 & 2017-18), upheld additions made under section 69C on account of alleged cash payments to Proform Interi

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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